Human Capital Development for Viksit Bharat 2047: A Conceptual Framework Integrating Human Resource Management, Skill Development and Demographic Dividend

India’s vision of emerging as a developed nation by 2047 (Viksit Bharat 2047) places unprecedented emphasis on the strategic development of human capital. While India enjoys a significant demographic advantage, the conversion of this potential into sustainable economic and social outcomes remains contingent upon the quality of education, skill formation, and effective human resource management practices. This conceptual paper argues that human capital development must be viewed as an integrated national system rather than a fragmented set of policy interventions. Drawing upon human capital theory, strategic human resource management, and contemporary national initiatives such as the National Education Policy 2020 and the Skill India Mission, the study proposes a comprehensive conceptual framework linking education system inputs, skill development processes, HRM practices, and demographic dividend outcomes. The framework highlights the role of coordinated action among government, educational institutions, and organizations in creating a future-ready, inclusive, and productive workforce. By situating human resource management within India’s long-term developmental agenda, the paper offers policy-relevant insights for strengthening employability, innovation capacity, and social inclusion, thereby contributing to the realization of Viksit Bharat 2047.